London Population To Shrink

[Old Greg]

Wnlly fforygnyrs cwn affyrd yt anywy.

That is what the Welsh say

FTFY

[Paralytic]

London Population To Shrink

What is the average height just now, and what is it expected to be?

[Hobosapien]

It's only temporary. Just wait until the new immigration wave starts.

All those IT workers from India on a 25k salary and their families do need a place to stay.

Remote working means no need for them to risk moving to a tulip hole* like London.

* It's all relative, people are more comfortable with the environment they were brought up, hence why many fail to make the transition and go the distance when moving to a place they enjoyed temporarily while on holiday. The grass isn't really greener.

[BrilloPad]

That is what the Welsh say

Maybe. Its hard to understand a word they say.

[vetran]

Only foreigners can afford it anyway.

That is what the Welsh say

[SueEllen]

And the 600,000 from Hong Kong

They are generally hard working so that will cause problems.

[Mordac]

London population set to decline for first time since 1988 – report | UK news | The Guardian

London’s population is set to decline for the first time in more than 30 years, driven by the economic fallout from the coronavirus pandemic and people reassessing where they live during the crisis, according to a report.

The accountancy firm PwC said the number of people living in the capital could fall by more than 300,000 this year, from a record level of about 9 million in 2020, to as low as 8.7 million. This would end decades of growth with the first annual drop since 1988.

The forecast comes as city-dwellers rethink their living situations during lockdown and a boom in home working during the pandemic encourages growing numbers of people to consider moving elsewhere.


Other drivers include a smaller number of graduates moving to London, fewer job opportunities in the capital and lower international migration to the city as a result of the pandemic and Brexit. Net EU migration to the UK as a whole has fallen since the 2016 Brexit vote, and could turn negative in 2021 – meaning more people leave the UK for the EU than arrive from it – for the first time since the early 1990s, according to PwC forecasts.

The accountancy firm also said the UK could record a “baby bust” in 2021, with the annual birth rate dipping to the lowest level since records began more than a century ago.


Although it will take time before official population figures are published, PwC said there were early signs that London was on track to shrink for the first time this century. It said an August 2020 survey by the London Assembly found that 4.5% of Londoners – or 416,000 people – said they would definitely move out of the city within the next 12 months.

That's the Graun's readership shrinking away...

[darmstadt]

It's only temporary. Just wait until the new immigration wave starts.

All those IT workers from India on a 25k salary and their families do need a place to stay.

And the 600,000 from Hong Kong

[PCTNN]

It's only temporary. Just wait until the new immigration wave starts.

All those IT workers from India on a 25k salary and their families do need a place to stay.

[darmstadt]

They're all going to become PORGs....

[BlasterBates]

London will end up being subsidised by the rejuvenated fishing towns of the North such as Grimsby.

Now is the time to get a property in Grimsby before "Big Fish" gets going.

[Hobosapien]

Seems a popular and predictable trend for those currently not enjoying city life in a covid ravaged world to seek to move to a better suited environment:

'New York is not dead, but it is on life support'

Thing is, if there is such an outflux who is buying the properties as the 'rats leave the sinking ship'? Are they mostly renters, or are there some with a longer vision that are betting city life will once again becomes popular 'after covid' and are gambling on getting properties at a lower than normal price? The gamble being that the price is not going to discover a new lower normal price over the coming months and years depending on the length of the current cycle.

Maybe if the prices become more affordable or rents lower that all the younger ones will rush in as they are largely immune to the worst health impacts of covid and are highly vulnerable to the economic impacts and mental health impacts, so the big city lights will be shining brightly for them as they always have. All the young ones living it up in the cities and all the old fogies isolating in the sticks. Seems pretty normal to me.

[BrilloPad]

Only foreigners can afford it anyway.

[SueEllen]

London population set to decline for first time since 1988 – report | UK news | The Guardian

London’s population is set to decline for the first time in more than 30 years, driven by the economic fallout from the coronavirus pandemic and people reassessing where they live during the crisis, according to a report.

The accountancy firm PwC said the number of people living in the capital could fall by more than 300,000 this year, from a record level of about 9 million in 2020, to as low as 8.7 million. This would end decades of growth with the first annual drop since 1988.

The forecast comes as city-dwellers rethink their living situations during lockdown and a boom in home working during the pandemic encourages growing numbers of people to consider moving elsewhere.


Other drivers include a smaller number of graduates moving to London, fewer job opportunities in the capital and lower international migration to the city as a result of the pandemic and Brexit. Net EU migration to the UK as a whole has fallen since the 2016 Brexit vote, and could turn negative in 2021 – meaning more people leave the UK for the EU than arrive from it – for the first time since the early 1990s, according to PwC forecasts.

The accountancy firm also said the UK could record a “baby bust” in 2021, with the annual birth rate dipping to the lowest level since records began more than a century ago.


Although it will take time before official population figures are published, PwC said there were early signs that London was on track to shrink for the first time this century. It said an August 2020 survey by the London Assembly found that 4.5% of Londoners – or 416,000 people – said they would definitely move out of the city within the next 12 months.